Law Essay Example | Topics and Well Written Essays - 750 words - 5

Law - Essay Example In the first case, business partnerships are relatively cheaper and easier to establish. This is because, the Partnership Act 1890 (c. 39) allows two or more people to come together to form a business partnership in their own volition. In this case, all that is needed is the will of these consenting parties. The validity of the will is predicated upon: soundness of mind; the attainment of legal age; knowledge of the nature of the business partnership and the business establishment that the parties are to engage in; and conformance to the law (for instance, a business partnership cannot be formed to sell cocaine since UK law proscribes the trafficking and non-medical possession of psychoactive drugs such as cocaine). Just as Siems (2009, pp- 767-802) points out, partnerships definitely involve multiple ownership and this means that the owners can easily raise more capital. This is because the two or more business partners are able to contribute more funds. Again, it is also true that multiple owners have a higher borrowing capacity. This means that business partnerships have a higher ability to gather credit to serve as start-up or operational capital compared to other forms of business ownerships such as sole-proprietorships. Again, it is easier for business partnerships to benefit from an array of complimentary skills that the multiple proprietors are bringing. The crux of the matter herein is that the two or more owners bring with themselves, a wider pool of knowledge, contacts and skills. These are values that easily propel the organisation into greater stability, faster and more consistent growth and success. It is also worth noting that partnerships can be more cost-effective compared to other forms of business ownerships. This is because, with partnerships, every partner assumes a specific specialty in certain aspects of business operations and management. It is also true

We were soldiers Essay Example | Topics and Well Written Essays - 750 words

We were soldiers - Essay Example The General and his men were killed at the Little Bighorn Battle. An intuitive leader, Lieutenant Colonel Moore manages to accomplish the unfeasible despite being out-numbered by his enemy; Lt. Col. Moore refuses to surrender and ultimately proves victorious after forcing the Vietnamese troops to leave their headquarters. Lieutenant Colonel Moore uses a variety of supervisory techniques in leading his unit to conquest. The first technique that Lt. Col. Moore applies prior to him and his troops getting to the combat zone; is that of leading through example. A leader earns loyalty and respect after setting example so that others follow. This involves a leader practicing what he or she preaches. The night prior to their departure, Lt. Col. Moore conveys a speech to his unit at a party he had held, where he pledges that although he might not bring all his soldiers alive home; he would be the first to enter the battlefield and the last to leave. He adds that, dead or alive, he would not leave any person behind. He makes sure that each of his men is not left at the battlefield after the battle is over, true to what he had promised. During war, Lt. Col. Moore also leads through example many times; for instance, he refuses to surrender and performs other acts of heroism. The second supervisory strategy that is obvious in Lt. Col. Moore’s leadership is that of treating everyone with dignity and respect. In the same message delivered by Lt. Col. Moore to his men, he factors out that every man in his unit, despite his origin or race, is an essential participant of the troop. â€Å"†¦here in the States some men in this unit may experience discrimination because of race or creed, but for you and me now, all that is gone (Wallace n.pg).† By guaranteeing that everyone recognized this, Lt. Col. Moore was building assurance, self-respect and team cohesiveness that would go a long way in guaranteeing that his unit members trusted each other. Finally, Lt. Col. Moore is